LeoVegas has moved to strengthen its organisation in the area of compliance and legal affairs by creating a new role – chief compliance and legal officer – and establishing it in the company’s group management.
Anders Fast, currently managing partner at Baker McKenzie’s Stockholm office, takes up the position in the interim as the search for a permanent candidate is undertaken.
As an organisation, LeoVegas is heavily focused on compliance by providing training throughout and expanding the teams in such areas. The CCLO role includes an overall responsibility for the group's work in compliance and legal affairs, taking in all relationships with authorities and licensors, as well as developing and managing the daily work within the area of responsibility.
Fast has a solid background with nearly 20 years of experience in the legal profession, with a wide focus on various sectors and companies.
Gustaf Hagman, LeoVegas group CEO, said: "In a phase in which the industry is maturing and focus on compliance is rising, at the same time that our regulated revenue is growing sharply, the timing is now right to put a CCLO role in place.
“I am very happy that Anders will take on the CCLO role until we have found the right person long term. Anders has served as a legal adviser to LeoVegas since the start and knows the industry inside and out, which gives him a head start. Our focus on compliance is a prerequisite for us in our work on reaching our financial targets for 2020 and thereby achieving sustainable and long-term strong growth.”
